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they come from europe and asia and old and failing instruction here in the united states. massive debt. americans have the right to expect their leaders to tackle large problems. what do we do? >> well, i think this point that it's not just what happens this month, this year, how with regoing to move forward? grow this economy? because this problem of debt comes from really from our ageing population. from our having to compete with the rest of the world and you know, you talk about this tax hike that we have, it's not enough to close the gap. i mean, the idea that the middle class is going to get away from this without paying most of it without entitlements being cut, that is nuts. i mean, eventually, that's going to happen. they're not going to admit it now. you don't want to do that in the middle of the recession. >> diane, one of the argument that is say the fiscal cliff is overblown, the resilience of the stock market. s&p 500 is up about 12 for the year. companies have a lot of cash they're holding on to. is too much being made of the negative effect of this uncertai
they come from europe and asia and old and failing instruction here in the united states. massive debt. americans have the right to expect their leaders to tackle large problems. what do we do? >> well, i think this point that it's not just what happens this month, this year, how with regoing to move forward? grow this economy? because this problem of debt comes from really from our ageing population. from our having to compete with the rest of the world and you know, you talk about this...
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would still bomb despite the result was really awful europe that europe was rebuilding we were out of we're in is we don't know here's the real problem so much of our debt is short term debt under the obama budget plan by twenty twenty two our debt our national debts going to be twenty five trillion dollars. but you're going to go up and start consuming the literally the entire but we all know that they're going to go up because the fed has basically said that they're going to start ignoring inflation in favor of jobs and they all want to pay off the debt with deflated or with the inflated dollar the value dollar i agree with you on that newt gingrich was on a local talk show in cincinnati this morning any blame the shootings in connecticut on godlessness in our schools check this out. when you have an anti religious secular bureaucracy and secular judiciary seeking to drop out of the public. something fills the vacuum and. going from communion to playing war games in which you practice killing people is necessarily an improvement and so is do we have a problem of not enough religion
would still bomb despite the result was really awful europe that europe was rebuilding we were out of we're in is we don't know here's the real problem so much of our debt is short term debt under the obama budget plan by twenty twenty two our debt our national debts going to be twenty five trillion dollars. but you're going to go up and start consuming the literally the entire but we all know that they're going to go up because the fed has basically said that they're going to start ignoring...
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Dec 9, 2012
12/12
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i believe he owns media in eastern europe. i think this is a pretty dangerous trend. you know, the bottom line is that when you have a situation like that, it really influences not just what the american people think and feel, how they vote, but the issues that the united states congress deal with every day. let me give you an example, all right? is deficit reduction a serious issue? it is. i'm in the middle of that debate right now. but you know what is a more serious issue according to the american people? the need to create millions and millions of jobs. now how often are you turning on tv and saying, "hey, we're in the middle of a terrible recession. it is, we have 15% real unemployment or underemployment in america. we've got to create millions of jobs." that's what working people are saying, but the big money interests are saying, "oh, we've got to cut social security. we've got to cut medicare. we've got to cut medicaid." there is no other option. so i give you that just as an example of how corporate media throws out one set of ideas, where the american people
i believe he owns media in eastern europe. i think this is a pretty dangerous trend. you know, the bottom line is that when you have a situation like that, it really influences not just what the american people think and feel, how they vote, but the issues that the united states congress deal with every day. let me give you an example, all right? is deficit reduction a serious issue? it is. i'm in the middle of that debate right now. but you know what is a more serious issue according to the...
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would still bomb despite the result was really awful your europe was rebuilding we were out of we're going to know here's the real problem so much of our debt is short term debt under the obama budget plan by twenty twenty two are our national debts going to be twenty five trillion dollars at some point our creditors are going to take a look yes trust me on this and. at some point our creditors are going to take a look at us to go you know america is not that great of a credit risk what happens when anybody is not that great of a credit risk and the interest rates skyrocket and they're and they're there and we're borrowing money at less than two percent they're borrowing money as normally low rates and when these interest rates are normal it's because you know the full faith and credit of the united states is a pretty good thing and low. yes the republicans to work the low ok let's move on if you're going to go up and start consuming the literally the entire but we all know that they're going to go up because the fed has basically said that they're going to start inflation in in favo
would still bomb despite the result was really awful your europe was rebuilding we were out of we're going to know here's the real problem so much of our debt is short term debt under the obama budget plan by twenty twenty two are our national debts going to be twenty five trillion dollars at some point our creditors are going to take a look yes trust me on this and. at some point our creditors are going to take a look at us to go you know america is not that great of a credit risk what happens...
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Dec 1, 2012
12/12
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i would close about two-thirds of the military bases overseas in asia and europe. i would scale back -- i would get rid of the ethanol subsidy altogether. i'd scale back on the crop subsidies. i think there are things we have to do. i would do those things. >> congressman, pleasure to talk to you. thank you for joining us to day to give us a sense of where things should go. >> my pleasure, i'd like to be back. >> robert andrews, democrat from new jersey. coming up, there are cracks in the republican party. it's not just because of the norquist tax pledge. how to repair the gop message next on "your money." ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> a republican party relaunch. obama is bad for the economy message
i would close about two-thirds of the military bases overseas in asia and europe. i would scale back -- i would get rid of the ethanol subsidy altogether. i'd scale back on the crop subsidies. i think there are things we have to do. i would do those things. >> congressman, pleasure to talk to you. thank you for joining us to day to give us a sense of where things should go. >> my pleasure, i'd like to be back. >> robert andrews, democrat from new jersey. coming up, there are...
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Dec 8, 2012
12/12
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they come from europe and asia, old infrastructure in the united states, massive debt. americans have a right to expect leaders to tackle large problem. as one of the leading authorities on financial crises, what do we do? >> i think this point that it's not just what happens this month how are we going to move forward, grow this economy because this problem of debt comes from our aging population. you talk about the tax hike we have. it's not enough to close the gap. the idea that the middle class will get away from this without paying most of it. without entitlements being cut, that's nuts. eventually that will happen. they won't admit it now. we are just beginning. this is a skirmish in a longer war. >> diane, one of the arguments of those that say the fiscal cliff discussion is over blown is deployed at the resilience of the stock market. the s&p is up 12% for the year. that's an okay year. companies have a lot of cash they are holding onto. is too much made of the negative effect of the uncertainty? >> i don't think so. we have seen a lot of the corporate sector un
they come from europe and asia, old infrastructure in the united states, massive debt. americans have a right to expect leaders to tackle large problem. as one of the leading authorities on financial crises, what do we do? >> i think this point that it's not just what happens this month how are we going to move forward, grow this economy because this problem of debt comes from our aging population. you talk about the tax hike we have. it's not enough to close the gap. the idea that the...
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Dec 30, 2012
12/12
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that's been tried in europe and it didn't do much. and we have to really get major reductions. >> the advocates of cap-and- trade would say, it allows for price variability, but an environmental outcome that is more certain than with the -- >> no. >> with the carbon -- >> absolutely not. it's certain that it won't be effective; that's what certain. it get -- >> because of -- >> you'll get -- that's -- it -- >> because of the offsets and the carve-outs and the scheming and gaming by traders. >> yeah. they're saying -- well, first of all, you don't even know. all we really know is that we have to reduce emissions as rapidly as we practically can. and, unfortunately, 450 ppm -- >> parts per million of carbon -- >> parts per million of co2 is a disaster scenario on the long run. we are actually going to have -- and 450 ppm would make the planet warmer than it was during the eemian. >> so -- >> a 120,000 years ago, the last interglacial period on sea level is now estimated -- was at least six meters higher than it is now. so we would be se
that's been tried in europe and it didn't do much. and we have to really get major reductions. >> the advocates of cap-and- trade would say, it allows for price variability, but an environmental outcome that is more certain than with the -- >> no. >> with the carbon -- >> absolutely not. it's certain that it won't be effective; that's what certain. it get -- >> because of -- >> you'll get -- that's -- it -- >> because of the offsets and the carve-outs...
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of these chemicals could appear in milk and meat products made from these animals several nations in europe of already banned fracking including france of all garia or the u.k. has suspended the practice but here in the u.s. fracking continues in the face of new evidence that it's killing livestock and perhaps poisoning our food supply elizabeth royte joins me now she is an environmental writer at the nation magazine whose latest article is titled fracking our food supply and she's the author of the book bottled mania big business local springs in the battle over america's drinking water liz with a welcome thank you tell us the story of jackie shake for healthy. he's a fifty three year old rancher he lives with her husband steve in the northwest corner of north dakota has been ranching for about ten years. she's got she never let the oil and gas companies on her property but a couple of years ago one of them put a rig on her property line there's thirty two other rigs around within three miles of her property but when they put this one on the property line there was a blowout there was some
of these chemicals could appear in milk and meat products made from these animals several nations in europe of already banned fracking including france of all garia or the u.k. has suspended the practice but here in the u.s. fracking continues in the face of new evidence that it's killing livestock and perhaps poisoning our food supply elizabeth royte joins me now she is an environmental writer at the nation magazine whose latest article is titled fracking our food supply and she's the author...
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Dec 27, 2012
12/12
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. >> we don't want to end up like europe. lou: great to see you both. now time for your h comments. writing into their hope barack obama gets all the taxes he wants. i'll be the first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love hearing from you. that is it for us, thank you for being with us, we will see you tomorrow night. >> a massive winter storm wreaking havoc bringinocg with t blinding snow and devastating tornadoes, at least six people are dead, over 1000 flights canceled nationwide stranding holiday travelers and now worries things could get a lot worse.ling welcome, everybody, i am eric bolling in for neil cavuto, we're tracking a deadly winter storm making its way towards east coast. across the south and southwest at least 34 twisters leveling homes in mississippi more than 25 people injured, at least 70g. homes damaged
. >> we don't want to end up like europe. lou: great to see you both. now time for your h comments. writing into their hope barack obama gets all the taxes he wants. i'll be the first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love...
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Dec 30, 2012
12/12
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europe has got its problems. germany starting to feel the effects of the global, of the downturn in europe. china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is really driving everybody's nerves in all of this. it's going to affect commodity prices in countries like brazil. countries like russia, everybody is in this together. waiting to see what happens up there. >> you're absolutely right. we're going to be watching those international markets to see how everybody is reacting. it's this whole big chain, jim, thank you for that back home, the senate is still trying to work towards a deal as jessica just told us, senator harry reid earlier said that he is in fact hopeful about reaching a deal. listen. >> with 36 hours left until the country goes o
europe has got its problems. germany starting to feel the effects of the global, of the downturn in europe. china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is really driving everybody's nerves in all of this. it's going to...
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Dec 3, 2012
12/12
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the region with the most modest needs for happiness was europe. germans only need about $85,000 to be happy. that want places them in the lowest on the list. the french need $114,000, the britains need 133,000. >> what about americans? >> reporter: i don't know. those are the numbers we have. but germans at the low end. dubai at the top end. i'm guessing it would depend on, you know, how much you need to live in that country and it's expensive to live in dubai and singapore. >> how much can a plate of sausage and keg of beer cost? >> reporter: they have great beer. >> yahoo! is out with its list of top obsessions for 2012. number five, honey boo-boo. the "hunger games" game in at number four fold by mega millions. political polls number two obsession and our top obsession this year, yes, it's apple and it's iphone 5. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the
the region with the most modest needs for happiness was europe. germans only need about $85,000 to be happy. that want places them in the lowest on the list. the french need $114,000, the britains need 133,000. >> what about americans? >> reporter: i don't know. those are the numbers we have. but germans at the low end. dubai at the top end. i'm guessing it would depend on, you know, how much you need to live in that country and it's expensive to live in dubai and singapore....
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Dec 3, 2012
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we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. y'know, holiday shipping's easy with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. yeah, i know. oh, you're good. [ laughing ] good luck! [ male announcer ] priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. >>> we are back with our roundtable for more on the economic vision over the next four years and how the fiscal cliff plays into it. and it's like those presidential debates, grover norquist. when you're mentioned by name
we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll...
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Dec 22, 2012
12/12
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china is slowing, europe is in recession. so the main concern -- and this is a risk scenario, what they call a left tail. it's not the baseline, is that we get a tipping process that one bad thing here leads to another bad thing elsewhere, which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week washington will find a way to avoid this fiscal cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as congress doesn't trip us up, we are on the way to an economic renaissance in this country. i'll explain. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> we are on the road to an economic renaissance. think about the united states economy like a runner a
china is slowing, europe is in recession. so the main concern -- and this is a risk scenario, what they call a left tail. it's not the baseline, is that we get a tipping process that one bad thing here leads to another bad thing elsewhere, which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week washington will find a way to avoid this fiscal cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as...
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Dec 2, 2012
12/12
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we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. >>> we are back with our roundtable for more on the economic vision over the next four years and how the fiscal cliff plays into it. and it's like those presidential debates, grover norquist. when you're mentioned by name, we have to give you a chance to re
we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east...
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Dec 11, 2012
12/12
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CNBC
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. >> kenny thinks we're beginning to look a little like europe. they are punting. >> the market, as we saw in europe, they rallied the market ahead of what they thought was going to be a deal, kicked the can down the road. in fact, if that's the case. michael may be right there's going to be a framework but not a deal, yes, we rallied the market, they will become disappointed and take it back. >> that's not the case. if you look at what's happening, economy better, earnings solid, interest rates are low. the fed probably this week will announce they are going to continue their policies to flood the system with money. >> but there's your answer. the fed is going to keep pumping the system with money. fundamentally are we really where we should be. >> we're not talking about fundamentals. we're talking about what the market is going to do. there's reality and what the market is going to be. if there's free money, we might be broke but there's free money. >> all right. that sounds like a good recipe. michael, we'll have you back later in the hour. >>
. >> kenny thinks we're beginning to look a little like europe. they are punting. >> the market, as we saw in europe, they rallied the market ahead of what they thought was going to be a deal, kicked the can down the road. in fact, if that's the case. michael may be right there's going to be a framework but not a deal, yes, we rallied the market, they will become disappointed and take it back. >> that's not the case. if you look at what's happening, economy better, earnings...
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Dec 10, 2012
12/12
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europe, middle eastern africa, asia pacific last quarter of 109%. ashley: a lot of people use it, no doubt about it. charles: i'm just afraid to commit to any more social networking stuff. tracy: it is pretty serious for professional people. more so even than facebook. charles: when the stock rumors come out and i scratch my head and i marvel at the assumption somehow facebook will get it and linkedin has an amazing lead, round since 2002. maybe somebody would want to take them over. a global jobs company i would make a bid for these guys immediately because this is the future. i don't know that anybody will be able to top that. it won't be cheap. technically i like it, break out of 110. i grappled early this morning at that, we will stick with this, the fundamentals are just too good despite the wild ride. ashley: all right. thank you. as we do every 15 minutes, let's check the markets now. the dow drifting higher. nicole petallides on the floor of the nyse. nicole: let's take a look at a couple of key names. let's look first at apple. apple and na
europe, middle eastern africa, asia pacific last quarter of 109%. ashley: a lot of people use it, no doubt about it. charles: i'm just afraid to commit to any more social networking stuff. tracy: it is pretty serious for professional people. more so even than facebook. charles: when the stock rumors come out and i scratch my head and i marvel at the assumption somehow facebook will get it and linkedin has an amazing lead, round since 2002. maybe somebody would want to take them over. a global...
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Dec 25, 2012
12/12
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people in washington and news media, we're not spain, we're not greece, we're not totally messed up like europe. we would do fine over the next twenty years if we get government to quit screwing up. [applause] but imagine the consult assistant consult ant report if they said general washington, we have you have one ax and 14,000 people. we think this is bad. we think you should be deeply depressed and consider quitting. a congress isn't doing well enough doesn't deserve the loyalty. why don't you go home? they wanted to be free. and they prepared to die. when they crossed dpez on christmas night on a desperate and last effort before the army seizes to exist. the slogan, or pass word is victory or death. and they meant it. it wasn't victory cry or six weeks. or victory or i'm not going watch fox news for a month. it wasn't victory or i think i'll pout. all right people really passionate about the idea that freedom was the right god had given them. they weren't going fail god by giving it up. finally we get to yorktown, the last novel in washington. it's a great gamble. the country is exhausted.
people in washington and news media, we're not spain, we're not greece, we're not totally messed up like europe. we would do fine over the next twenty years if we get government to quit screwing up. [applause] but imagine the consult assistant consult ant report if they said general washington, we have you have one ax and 14,000 people. we think this is bad. we think you should be deeply depressed and consider quitting. a congress isn't doing well enough doesn't deserve the loyalty. why don't...
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Dec 6, 2012
12/12
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CNBC
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the barely capitalist don't innocent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger than it was in a decade, autos back incredibly robust. and that's just the beginning. because all the pent up demand. we're running short of office buildings, shopping centers, apartments, homes, these are the hiring sectors, all this blather about helping the small businessman of subchapter "s" for private and middle class, you want to help them? give them a deal, any deal, just get out of our way for heaven sakes. our country is starting to get so competitive, again, that business is building things over there now want to build them there. t
the barely capitalist don't innocent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were...
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Dec 4, 2012
12/12
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not all of them, because countries in europe that have these types of things, countries around the world and states that do this just do a better job of stopping gun loss. we can't stop all of them but we can stop a lot of them. we need to do that and we need to do that today. >> britain has tough gun control laws and we have about 35 to 45 gun murders a year. america has 11,000 or 12,000. still, you assure me the more guns you have, it has no correlation to the number of people who get killed with them. it's obvious complete nonsense. in japan, they have the toughest gun control laws in the world. they have about two to ten murders a year from guns. when are you going to do the proper math and stop telling people that the number of guns has no correlation to gun murders? it is blatantly obvious. >> it's the total homicide rate i was talking about, and when you create conditions of gun scarcity like you have in the united kingdom, you create conditions that make it easy for criminals. one of the reasons that the united kingdom has an astronomical burglary rate compared to the united stat
not all of them, because countries in europe that have these types of things, countries around the world and states that do this just do a better job of stopping gun loss. we can't stop all of them but we can stop a lot of them. we need to do that and we need to do that today. >> britain has tough gun control laws and we have about 35 to 45 gun murders a year. america has 11,000 or 12,000. still, you assure me the more guns you have, it has no correlation to the number of people who get...
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Dec 15, 2012
12/12
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>> well, i think if you look at three big factors, tom, europe has gotten better by far, we have got much lower interest rates than europe, much more resolve, stock markets are up nicely there, china which was in free fall, started to rebound, manufacturing started to rebound, gdp is rebound, use of electricity is starting to rebound, exports rebound, you filter all of those in the u.s. where you sit in the u.s. with a consumer that has got five-year high of consumer confidence, we have got housing inventories that at a four-year low, housing prices up 11 percent year over year, double digit growth in autos and auto loans so to me it looks like the consumer is poised, corporations are lean on the balance sheet side, it looks like if you trigger good secular things and trajectory on the fiscal things in the u.s. you could have a heck of a second six months in 2013 in the market. >> a lot of optimism and you are playing it at a movie theaters and begins with lions gate entertainment whomplts knew you were a teenage vampire fan with the twilight movie series, the stock has done nicely t
>> well, i think if you look at three big factors, tom, europe has gotten better by far, we have got much lower interest rates than europe, much more resolve, stock markets are up nicely there, china which was in free fall, started to rebound, manufacturing started to rebound, gdp is rebound, use of electricity is starting to rebound, exports rebound, you filter all of those in the u.s. where you sit in the u.s. with a consumer that has got five-year high of consumer confidence, we have...
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Dec 6, 2012
12/12
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then you get to -- they want to extend it to europe. other countries we can travel so people in this country can travel to those countries knowing they're not going to be handicapped any more than they are by faciles. why would a republican vote against such a deal? you first and then john. >> there's a lot of pressure from the right on this. there's the pour nou ya from the u.n. >> explain it. >> the notion that the u.n. is going to come in and tell us what to do. the fact of the matter is this treaty raises the world to the standard of the u.s. doesn't require the u.s. to change its standards at all and doesn't in any way give the u.n. power to do anything in this country. but i think it's -- all you have to do is say u.n. and people on the right get very ex or sized. rick santorum helped lead the opposition to this treaty. i think he's out of step with the american people, out of step by the way on this tax cuts for the rich stuff. you know, bobby jindal said today and i that you say it was remarkable, we're in danger of becoming the
then you get to -- they want to extend it to europe. other countries we can travel so people in this country can travel to those countries knowing they're not going to be handicapped any more than they are by faciles. why would a republican vote against such a deal? you first and then john. >> there's a lot of pressure from the right on this. there's the pour nou ya from the u.n. >> explain it. >> the notion that the u.n. is going to come in and tell us what to do. the fact of...
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Dec 10, 2012
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missiles in euro europe, suddenly they are better they are withthan american missiles in europe. why? because if we can use them in retaliation to some other thing we could hit the soviet union by missiles that did not originate on the american homeland. now, would they then risk virtual annihilation by attacking the u.s.? no. that was the reverse of what we would have faced if they had used the i.n.f. missiles to attack our allies in europe. we would be faced without the i. i.n.f. in europe to using our intercontinental and if effect committing suicide. so, everything was reversed by the deployment. i think what rick has said about the deployment is absolutely right. we had to deploy in order to show the soviets that their real interest was zero. now, of course, in reykjavik we were very close to agreeing and we have had agreed if gorbachev had not put conditions on 100 outside europe. whether we ever would have deployed 100 in alaska i doubt. but the problem from the russian point of view was that gorbachev also wanted to improve relations with china and japan. and with 100 i.n
missiles in euro europe, suddenly they are better they are withthan american missiles in europe. why? because if we can use them in retaliation to some other thing we could hit the soviet union by missiles that did not originate on the american homeland. now, would they then risk virtual annihilation by attacking the u.s.? no. that was the reverse of what we would have faced if they had used the i.n.f. missiles to attack our allies in europe. we would be faced without the i. i.n.f. in europe to...
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you still have it issues in europe. so, you look at all these things, if you are an investor, you are saying, oh, my gosh, do i keep waiting, do i invest? volatility is here to stay. they need to be invested. lori: i always feel like there are so many things. jill politics to global economy. there are constantly influencing investors. you have to look at what is going on in china. for example, better economic news in asia. it is not, you cannot put blinders on anymore. >> that is exactly correct. what happens in the chinese economy or what happens in the european economy does affect what we need to o here. and how we need to invest. when you look around the world, you have 80% of investors who believe volatility is here to stay. now, the difficulty is you have 70%, three out of four americans who saved it do not have enough for environment. lori: should average investors follow the institutions? >> yeah, you know, one of the things we are seeing is a lot of institutions have held off or have looked at managing risk and
you still have it issues in europe. so, you look at all these things, if you are an investor, you are saying, oh, my gosh, do i keep waiting, do i invest? volatility is here to stay. they need to be invested. lori: i always feel like there are so many things. jill politics to global economy. there are constantly influencing investors. you have to look at what is going on in china. for example, better economic news in asia. it is not, you cannot put blinders on anymore. >> that is exactly...
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but competitors from europe and japan blew the domestics doors off. sales at v.w. were up just under 30%. while honda led the japanese pack with a sales increase of just under 40%. the car companies think super storm sandy pushed some sales the last weekend of october into november. morningstar auto analyst richard hilgert agrees sandy helped, but the storm wasn't the primary reason november was such a strong month. >> we've got a lot of pent up demand still out there-- pent up demand coming from, especially from the average age of the vehicles being over eleven years at this point in the united states. the average transaction price was up $346 from october because more 2013 models rolled into showrooms without incentives. the wild card this final month of 2012 is the fiscal cliff. analysts say if congress and the white house don't quickly resolve the budget crisis consumers could tighten their belts, throwing a speed bump into what has been an otherwise blockbuster year. diane eastabrook, "n.b.r.," chicago. >> susie: meanwhile, ford is going all out to rev up its
but competitors from europe and japan blew the domestics doors off. sales at v.w. were up just under 30%. while honda led the japanese pack with a sales increase of just under 40%. the car companies think super storm sandy pushed some sales the last weekend of october into november. morningstar auto analyst richard hilgert agrees sandy helped, but the storm wasn't the primary reason november was such a strong month. >> we've got a lot of pent up demand still out there-- pent up demand...
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israel is feeling heat today from europe over its decision to expand settlements in the west bank and east jerusalem. at least three countries summoned israeli ambassadors to condemn the action. in egypt new protests today against president morsi and massive protests are called for tomorrow. syria bomb rebels today. secretary clinton says that country is considering using chemical weapons. >> this is a red line for the united states. i'm not going to telegraph in any specifics what we would do in the event of credible evidence. >> joining me now is former state department egypt officer joel reuben. good to have you here. let's start with that red line where syria is right now. it's estimated more than 40,000 people have been killed in this 20-month-old revolve against the government. these new reports suggesting the fresh activity at syrian chemical weapons depots. earlier this year the president singled out that threat posed by chemical weapons as a cause for greater u.s. involvement. now secretary clinton giving this warning. where do you see this headed? >> this is a very overt dec
israel is feeling heat today from europe over its decision to expand settlements in the west bank and east jerusalem. at least three countries summoned israeli ambassadors to condemn the action. in egypt new protests today against president morsi and massive protests are called for tomorrow. syria bomb rebels today. secretary clinton says that country is considering using chemical weapons. >> this is a red line for the united states. i'm not going to telegraph in any specifics what we...
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Dec 20, 2012
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for example, we're still trying to figure out europe and the depth and duration of that economy. that's just one of many. clearly i don't need another challenge coming from the uncertainty around the fiscal cliff. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u.s. economy? >> probably not. the autosh in business and the ilding trades, but that is not going to be enough to offset the fiscal cliff, a we're going to have too manage europe at the same time. >> susie: let's say there is no deal and the u.s. economy really slows down, or as some people say could go into a recession, how are you preparing for that possibility? >> we're trying to make those investments that are strategic, an holding back on our hirng becauseng we don't know the growth rates. we're probably looking at the different ways to reduce our points from a logical standpoint, and we're trying to pull every lever to give us some latitude and leverage. >> susie: what deal would you l
for example, we're still trying to figure out europe and the depth and duration of that economy. that's just one of many. clearly i don't need another challenge coming from the uncertainty around the fiscal cliff. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u.s. economy? >> probably not. the autosh in business and the ilding trades, but that is not...
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guest: it is popular among liberals and more popular in europe, all the have not adopted, i think, what a lot progressives would want. the idea there is that you? a transaction where you are buying and selling stock, and the idea that you could raise a lot of revenue and decrease spectacle of bets in the market -- speculative bets in the market. said that iteithner would hurt the capital markets other would-be countries to would not have a financial transaction tax and the financial industry would move to bermuda. host: republican line. caller: why do you think the republicans should trust anything democrats agreed to when we have had a history going back to george h. w. bush where he promised to raise taxes, and the democrats were going to lower -- cut spending $2 for every dollar that he raised? what happened, he had said, read my lips, no new taxes. would he agree to do this, the democrats piled on. why in the world should they trust anything the democrats promise as far as spending cuts are concerned. guest: let's go back to the earlier question, do they live up to the deficit-reduc
guest: it is popular among liberals and more popular in europe, all the have not adopted, i think, what a lot progressives would want. the idea there is that you? a transaction where you are buying and selling stock, and the idea that you could raise a lot of revenue and decrease spectacle of bets in the market -- speculative bets in the market. said that iteithner would hurt the capital markets other would-be countries to would not have a financial transaction tax and the financial industry...
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Dec 19, 2012
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tobacco companies were under pressure, ahead of a report due out in europe tomorrow. regulators there are said to be preparing new rules on health warnings and could move to ban tobacco flavors like menthol. lorillard stock dropped 2.3%. its biggest seller: menthol- flavored newport cigarettes. reynolds' american makes brands like camel and kool. its shares fell 2.2%. and altria group was down 1.2%. it makes marlboro cigarettes. amgen today admitted to mis- branding its medicine for anemia. as part of the federal plea deal, the company agreed to pay $762 million in criminal and civil penalties. the stock didn't have much of a reaction, though. shares were down just 0.2%. they have seen a strong rally this year, rising almost 40% since january. we have a closer look at whether amgen can continue to rally. it is on our web site, www.nbr.com. click on the "blogs" tab and look for technical analysis by michael kahn. the yellow metal saw plenty of red. all of the five most actively traded exchange traded products ended higher. the financial sector and nasdaq 100 tracking f
tobacco companies were under pressure, ahead of a report due out in europe tomorrow. regulators there are said to be preparing new rules on health warnings and could move to ban tobacco flavors like menthol. lorillard stock dropped 2.3%. its biggest seller: menthol- flavored newport cigarettes. reynolds' american makes brands like camel and kool. its shares fell 2.2%. and altria group was down 1.2%. it makes marlboro cigarettes. amgen today admitted to mis- branding its medicine for anemia. as...
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and europe continues to struggle in 2013. can you tell us a little bit more, give us more color on those results? >> sure. there is more ownership about-- optimism than economic growth than last year. but there are concerns. the european debt crisis is the largest one and also very interestingly despite the fact that stock market levels have recovered broadly speaking to prefinancial crisis levels, our members are very concerned about the crisis of confidence driven by ethical issues in the finance industry itself. and that is something that we pay great deal of attention to. is restoring confidence through better ethics in the profession. >> all right. we're sgoing have to leave it there. very interesting survey and the results. thank you so much. john rogers, c.e.o. of the cfa institute. >> tom: in the world of financial markets, what's bad for the economy can be good for bonds and vice versa that held true again today. the positive news on the job market caused bond prices to slip. the ten-year benchmark treasury lost grou
and europe continues to struggle in 2013. can you tell us a little bit more, give us more color on those results? >> sure. there is more ownership about-- optimism than economic growth than last year. but there are concerns. the european debt crisis is the largest one and also very interestingly despite the fact that stock market levels have recovered broadly speaking to prefinancial crisis levels, our members are very concerned about the crisis of confidence driven by ethical issues in...